Convert Mauritian Rupee to Cape Verdean Escudo
Please provide values below to convert Mauritian Rupee [MUR] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Mauritian Rupee.
How to Convert Mauritian Rupee to Cape Verdean Escudo
1 MUR = 0.483607961467298 CVE
Example: convert 15 MUR to CVE:
15 MUR = 15 × 0.483607961467298 CVE = 7.25411942200948 CVE
Mauritian Rupee to Cape Verdean Escudo Conversion Table
| Mauritian Rupee | Cape Verdean Escudo |
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Mauritian Rupee
The Mauritian Rupee (MUR) is the official currency of Mauritius, used for all monetary transactions within the country.
History/Origin
The Mauritian Rupee was introduced in 1876, replacing the Indian Rupee, and has undergone various reforms to modernize and stabilize the currency over the years.
Current Use
Today, the Mauritian Rupee is widely used in Mauritius for everyday transactions, banking, and trade, and is managed by the Bank of Mauritius.
Cape Verdean Escudo
The Cape Verdean Escudo (CVE) is the official currency of Cape Verde, used for all monetary transactions within the country.
History/Origin
Introduced in 1914, the Escudo replaced the Cape Verdean real and has undergone various reforms, with the current version established in 1992 to stabilize the economy and modernize the currency system.
Current Use
The CVE is actively used as the legal tender in Cape Verde, with banknotes and coins circulating nationwide, and it is pegged to the Euro at a fixed rate for stability.